Epik Foods, a UAE-based food and beverage company, has announced the acquisition of Abu Dhabi’s Sauce Capital following a fresh funding round that secured nearly $15 million.
This strategic investment will add 15 new brands to Epik Foods’ growing portfolio, bringing the total to 75 brands and significantly strengthening its presence in Saudi Arabia and Abu Dhabi, with Sauce Capital’s strong footing in the Saudi market.
The funding was raised from Ruya Private Capital, a private credit fund managed by Ruya Partners.
Epik Foods operates a diverse range of food services including quick-service dine-in restaurants, digital food brands, meal kits, hotel and gym partnerships, and a catering division. The company currently operates in 50 locations across the UAE, Saudi Arabia, and Oman.
Last month, Epik Foods announced the acquisition of the popular 1762 brand from Yolk Brands, marking a significant step in the company’s growth strategy. The deal was supported by a $15.5 million private capital investment from Ruya Private Capital, aimed at expanding Epik Foods’ portfolio, which currently includes 60 brands across 50 locations.
As part of its expansion plans, Epik Foods already secured the first 1762 location in Saudi Arabia, signaling the brand’s entry into the GCC market and future regional growth.
At the time, Epik Foods said that while the 1762 brand will retain its identity, the company will focus on optimizing operations and enhancing efficiencies to drive continued success.
